wintergreenoil


Jul 1st, 2019

Production of oil is underway, but supply is tight due to supply issues the last few years. So far demand has not been large, but if this increases, prices will rise.




Written By
Berje Inc
Berje Inc
Purchasing



PREVIOUS


Aug 1st, 2019

Production ongoing but last year’s shortfall has meant no carryover. Prices are stable but any new large demand will cause them to rise.



Mar 1st, 2019

Prices continue to firm, carryover limited.



Feb 1st, 2019

Reports indicate that low prices that were offered discouraged farmers, so very little has been produced. Prices are firming and expected to rise as stocks are depleted.



Feb 1st, 2018

With heavy rains during peak harvesting time supply has been limited.  With it being winter now in the mountains, prices should be firm until early summer.



Oct 1st, 2017

In 2016 prices dropped dramatically discouraging collection of raw material. May – July saw heavy rains in the growing regions, another impediment to collection. Prices have firmed and it has been reported that prices are expected to climb higher.



May 1st, 2017

With crop ending in March, distillation takes place from April thru May. Reports indicate that the current crop is down 16-20% due to bad weather. Pricing has increased from the lows in January and are expected to continue to firm as demand increases.



Apr 1st, 2017

Here too heavy rains in 2016 caused production to be less than that of 2015.  Prices have risen from their lows and quality can be an issue.  



Dec 1st, 2016

Prices for Wintergreen were high at the beginning of 2016.  Those dropped following the start of croptime in May.  Since then the lower prices have stopped farmers from processing and heavy rains in the growing regions reduced total production.  As a result prices have increased.